
Folsom, CA 95630
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $470,000—positioned well below the $478,012 Fair Market Value by 1.67%. This valuation gap offers $8,012 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, an upstairs loft, and a peaceful wetland view. This property balances modern infrastructure with a low-maintenance lifestyle, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey residence in Folsom.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 603 Rivage Circle 603 Subject 2 bd · 3 ba · 1,501 sqft · $318 | $470,000* List Price | 2 | 3 | 1,501 | $318 | - |
A 102 Cezanne Lane Sold 3 bd · 3 ba · 1,760 sqft · $284 · 0.0 mi | $500,000 | 3 | 3 | 1,760 | $284 | 0.0 mi |
B 1608 Esplanade Cir Sold 2 bd · 3 ba · 1,355 sqft · $312 · 0.3 mi | $422,500 | 2 | 3 | 1,355 | $312 | 0.3 mi |
C 3705 Esplanade Circle Sold 2 bd · 3 ba · 1,747 sqft · $286 · 0.2 mi | $500,000 | 2 | 3 | 1,747 | $286 | 0.2 mi |
D 1302 Rivage Circle 1302 Sold 3 bd · 3 ba · 1,747 sqft · $289 · 0.1 mi | $505,000 | 3 | 3 | 1,747 | $289 | 0.1 mi |
E 401 Picasso Way Sold 2 bd · 3 ba · 1,501 sqft · $350 · 0.1 mi | $525,000 | 2 | 3 | 1,501 | $350 | 0.1 mi |
F 403 Rivage Circle Active 3 bd · 3 ba · 1,514 sqft · $337 · 0.0 mi | $510,000 List Price | 3 | 3 | 1,514 | $337 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this 19-year-old property is well-maintained and move-in ready, fitting the 10-20 year criteria. The kitchen and bathrooms feature original granite countertops and maple cabinetry in functional condition. Systems like central HVAC and dual-pane windows are appropriate for the age, and the interior shows no signs of deferred maintenance.
The property features a peaceful wetland view, providing a serene and private backdrop that is a rare and highly desirable amenity for condominium living.
With a generous 1,501 sqft layout and an additional upstairs loft, the home offers versatile space ideal for a home office, media room, or secondary living area.
Built in 2007, the residence includes contemporary essentials such as granite countertops, dual-pane windows, and a private attached two-car garage.
The $400 monthly HOA fee represents a significant recurring carrying cost that may impact the overall affordability and debt-to-income ratios for potential buyers.
Despite the ample square footage, the two-bedroom configuration may limit the property's appeal to smaller households or investors compared to three-bedroom alternatives.
Welcome to 603 Rivage Circle, a classically designed 2-bedroom, 2.5-bath condominium offering approximately 1,501 sf in desirable Folsom. Built in 2007, this two-story home features an inviting open layout with a spacious great room, gas fireplace, and an upstairs loft offering flexible space for a home office, media area, or additional living space. The kitchen features granite countertops, maple cabinetry, tile flooring, and ample storage. The primary suite includes a walk-in closet and private bath, while the second bedroom provides additional comfort and privacy. Enjoy central heating and air, dual-pane windows, indoor laundry, and an attached two-car garage. A standout feature is the peaceful wetland view, creating a relaxing backdrop to the home. The low-maintenance Rivage community provides exterior and grounds maintenance and offers a convenient Folsom location near shopping, dining, recreation, and everyday amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,501 | 1,468.563 |
| Lot Size | - | 2,295.5 |
| Price | $470.0K | $471.7K |
| Price per sq ft | $313 | $327 |
| Built year | 2007 | 2006 |
| HOA | $400 | $365 |
| Days on market | 37 | 72 |
Sep 17, 2026
$470,000
Initial Listing